ODA 0.00% 16.5¢ orcoda limited

The directors improved their positions by 0.78%, 1.28% and 2.4%...

  1. 18 Posts.
    The directors improved their positions by 0.78%, 1.28% and 2.4% through the SPP. My understanding that they got their shares basically for free. I would call it a bad financial decision for a normal investor when he throws away $45K to improve his position by 0.78%. It practically does not change the directors' financial position. This is why it is logical to assume that they were saving the share price.

 
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